"Are you joking?

If you are serious and think Kry BOD are setting us up for a permitted bid in this price range I will reconsider the content of your future posts. This might be the silliest thing I've read here in a long time."

I'm saying we are at fair value until the Production Plan changes, or KRY reaches production status.

Until such time as KRY changes its 43-101 of 17Moz @ 1.13gm/t reserves or the Feasibility Study based on 20,000 t/d, the NPV/sh of $.53 that I calculated in a previous post is consistent with the $.40 share purchase of the JV and the $.50 of the PP. Anyone buying the Plan would use these numbers. If VEN/KRY/CRRC increase the production rate dramatically, the Plan changes, and the NPV/sh will increase dramatically. Nothing has been approved/announced for higher production, yet. And, if you prefer the old measuring stick of $50/oz in the ground for a buyout, @500M O/S, the PPS is $.56 for 1/3 ownership. If KRY reaches production status, the PPS metrics will be based on sector performance and trailing financial numbers, IMO.

Regards